tldr?
RE: Steemit's new economic paradigm, or: Why Steemit might just work
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Steemit's new economic paradigm, or: Why Steemit might just work
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Maybe just read the conclusion.
Well, let me try. Ideas have value, and when people invest time and energy into Steemit they are "buying an idea" of a social network where people get paid, and as the currency expands into other areas, it may well continue to have value, despite a large amount of inflation.
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Yup the idea is the currency
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tl;tl;dr
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This is definitely my plan now... i have alreafy shifted half of my nxt and all of my ethers to steem and steem dollars and working around this platform. This is the new game changer
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Sounds like a plan!
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I have a shorter logic why it works in longterm: https://steemit.com/steemit/@davman/who-does-actually-pay-for-your-creative-content
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